CONTRACTAPPROVED

Carbon County Awards Financial Services Contract to Nbh Bank (July 2021)

Carbon County
Disclosed value
Not-to-exceed $10,000,000
From minutes
Approved
Jul 6, 2021
Renews
Free account

The 30-second brief

What it covers

Carbon County Commissioners adopted Resolution 2021-24, authorizing up to $10 million in tax-exempt lease financing with NBH Bank via a Site Lease and Lease with Option to Purchase to fund courthouse and Carbon Building improvements over a 20-year term.

Who holds it

Nbh Bank holds this financial services contract with Carbon County. Its other public contracts on record include work for Division of Banking and Thomas Edison Charter Schools.

What happens next

The renewal date is on record. A free account shows it, with the renewals for every Carbon County contract.

Renewal date on recordLocked

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Contract details

Contract type
Financial Services
Amount
Not-to-exceed $10,000,000
Document date
July 6, 2021
Term
Lease payments commence December 1, 2021 and mature June 1, 2041
Renews
Free account
Vendor
Nbh Bank
Source document
carbon_county_commissioners_meeting_minutes_july_6.pdf (Minutes)

Nbh Bank's other public contracts

More Carbon County contracts

Questions about this contract

Who was awarded the financial services contract by Carbon County?

Nbh Bank was awarded this financial services contract by Carbon County, as recorded on July 6, 2021. The contract value is Not-to-exceed $10,000,000.

How much is the Nbh Bank contract with Carbon County worth?

The Nbh Bank contract with Carbon County is valued at Not-to-exceed $10,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record, structured as a not-to-exceed (ceiling) agreement.

Where was this contract approved?

This contract appears in carbon_county_commissioners_meeting_minutes_july_6.pdf (Minutes), dated July 6, 2021 from Carbon County. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

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What other contracts does Nbh Bank hold?

Nbh Bank may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

What is Carbon County currently buying?

Explore Carbon County's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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